Electronic Arts's most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 14.16% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $35.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Electronic Arts is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Electronic Arts is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Electronic Arts
Activision boosted by ‘Destiny,' digital game sales
Wed, 05 Nov 2014 17:40:00 GMT
Investor's Business Daily – It was “Destiny” that Activision Blizzard would beat Wall Street's third-quarter earnings target. Now its “Call of Duty” is to do the same this quarter. The video game publisher got …
ELECTRONIC ARTS INC. Files SEC form 10-Q, Quarterly Report
Tue, 04 Nov 2014 21:44:45 GMT
EA Kills ‘Dawngate,' Their MOBA Attempt To Take On ‘League of Legends'
Tue, 04 Nov 2014 21:44:00 GMT
Forbes – In a rather stunning turn of events, EA has killed their fully up-and-running MOBA, Dawngate, after an 18 month-long beta. The game was one of many upcoming MOBAs aiming to take on the current king of video games, League of Legends, but now the game will be shut down completely […]
Here's the blockbuster game Activision Blizzard is banking on
Mon, 03 Nov 2014 23:32:09 GMT
Electronic Arts Beats Big On Earnings, Breaks Out
Mon, 03 Nov 2014 22:58:00 GMT
Investor's Business Daily – Electronic Arts (EA) has gotten its mojo back. The video game giant blew away analysts' expectations when it reported quarterly results Oct. 28 after the close. The company reported earnings growth of …
Related Posts
Also on Market Tamer…
Follow Us on Facebook